One of the most common reasons people turn self-employed is that they find it extremely difficult, if not impossible, to fit into the business mold, labor for somebody, or work on someone else’s schedule. It can be difficult to persuade others to participate in your goals or recognize the significance of your career ambitions when you have amazing ideas. This is a common reason why so many people became business owners: they have a wonderful idea and want to use their talents to start their own firm. As an entrepreneur, you may combine your imagination with opportunity by combining your grit and desire to make a fantastic business idea a reality. Another advantage of entrepreneurship is that it allows you to be your own boss and determine your own working hours. The days of reporting to work at 9 a.m. and leaving at 5 p.m. every day are long gone.
As a businessman, you can work unusual hours and answer to no one but yourself. This means you might work ten-hour days one week and six-hour days the next, with the flexibility to execute your job as you see fit. You can also tailor your working time to fit your most productive hours, such as beginning late in the night if you consider the best at night. Alternatively, you may get an early jump and work in the mornings. But all things aside, one of the most important things you need to start a successful business is capital. Not everyone is born into a rich family. This is why we have put together the top 10 best scholarships for young entrepreneurs.
1. Hotels Fellowship at E2
One establishment fellows will collaborate with NRDC’s Environmental Entrepreneurs (E2) program to discover serious environmental concerns and needs around the country, then plan and implement activities to help articulate and magnify the financial and industry case for sensible policies to tackle these issues. Fellowships are only available to experts in their early or mid-career. A panel of experienced entrepreneurs and ecological leaders, comprising representatives of E2’s nationwide range of business representatives and NRDC’s environmentalists, will select the fellows. Projects that help E2 expand its presence in new regions, as well as location-specific initiatives where E2 operates, may be given priority. Fellows will receive help from E2 and NRDC staff in order to accomplish their chosen projects, in addition to a $20,000 award. This is a wonderful opportunity for budding businessmen to expand their contacts and to get some seed money for their initiative.
Provided By: E2Â
Amount: 20,000 USD
Deadline: Varies
Education: Undergraduate
Apply Now
2. BlueVine Young Entrepreneurs Scholarship
BlueVine seeks to assist you to thrive if you’re a student who dreams of one day launching your own business. BlueVine, a company that helps smaller companies with working capital by providing quick funding, is giving away two $5,000 prizes to undergraduate or grad assistantships who want to pursue careers as entrepreneurs. BlueVine has collaborated with a few of the nation’s most talented small-business owners. Many of them were better prepared for their careers as a result of their schooling. This scholarship program is being launched by BlueVine in order to provide chances for potential entrepreneurs. The BlueVine Young Entrepreneurs scholarship program aims to inspire and assist budding entrepreneurs enrolled in entrepreneurship-related ug and pg programs. In the spring and fall semesters, scholarships will be available. The scholarship program is being launched by BlueVine to honor small businesses’ contributions to society, personnel, and communities. Small enterprises are vital to the country’s economic prosperity, and BlueVine wants to recognize and reward young individuals who want to make a significant difference as businessmen.
Provided By: Bluvine
Amount: 5000 USD
Deadline: Varies
Education: Undergraduate
Apply Now
3. FormSwift Scholarship
Formswift is passionate about assisting and growing the country’s developing entrepreneurial class. It’s why they created and continue to uphold free business documents, and it’s why they’ve created this Scholarship Program as well. Furthermore, this Scholarship Program is designed for ambitious, up-and-coming businessmen who are prepared to commit to making the world a better place through their business concepts. Young business visionaries can also improve on and develop the skills that will be expected of them at their professions after college by developing a different strategic plan infographic for their grant entries. In summary, they see the Scholarship Program as a trial that will support students home in on their future job prospects as well as a prize that would aid them in the present.
Provided By: Formswift
Amount: 1000 USD
Deadline: Varies
Education: Undergraduate
Apply Now
4. The Global Good Fund
Through a year-long virtual Fellowship centered on leadership training, the Global Good Fund finds high-potential managers and enhances their achievement. They help global social enterprises increase their growth and impact by providing proven approaches such as executive coaching, leadership coaching, and financing. They believe that engaging in leadership training is the most effective way to grow a business and achieve global good. Since its inception in 2013, the flagship Global Good Foundation Fellowship has helped 105 entrepreneurs grow their businesses in 30 countries and beyond. In 2018, more than 2,400 rising businesses from over 100 countries competed for one of the 12 Fellowship seats. They work together to develop a viable and stable global community that generates greater global benefits every day.
Provided By: Global Good Fund
Amount: Varies
Deadline: yet to be Updated
Education: Undergraduate
Apply Now
5. Thiel Fellowship
Peter Thiel, a technology businessman, and financier established this fellowship in 2011. It’s an intriguing scholarship since it gives budding entrepreneurs (under the age of 23) a lot of leeways when it comes to raising funding. The hefty award is shared out over two years. This scholarship is not for students, and you cannot be enrolled in any form of the program while receiving it. Each year, between 20 and 30 fellows are selected, and applications are open all year. You must have a unique and innovative approach to life in order to submit a successful implementation. In fact, the site (and its founder) are harsh critics of the traditional approach to learning commerce in a classroom setting, which can only go you so far. If you are presently engaged in a degree course, you must drop out to be eligible for this fellowship. Because huge risks and great ideas are encouraged, only the courageous and the bold will be considered for this fellowship.
Provided By: Thiel Fellowship
Amount: 100,000
Education: Undergraduate
Deadline: Open
Apply Now
6. California Institute of Advanced Management (‘CIAM’) Community Scholarship
In practically every regard, this is the complete antithesis of the Thiel Fellowship. To apply, you have to be a present CIAM student with a strong 3.0 GPA. The California Institute of Advanced Management (CIAM) is a non-profit 501(c)(3) organization dedicated to bridging the gap between research and practice. Students who have produced an outstanding service initiative in the last five years or who have shown a 10-year commitment to voluntary work that has benefited people and the environment are able to qualify.
Students can apply for a variety of scholarships at CIAM, not simply the Community Scholarship. Typically, the registration process is pretty comparable. Institutional scholarships typically cover $3,000 intuition, whereas program scholarships cover $12,000 intuition and are limited to specific degrees.
Provided By: CIAM
Amount: 3000 USD
Deadline: August 31st
Education: Undergraduate
Apply Now
7. Cancer for College Leonard Family Entrepreneurial Spirit Scholarship
Cancer For college is a non-profit organization that focuses on providing grants and financial assistance to individuals who are in need (mainly due to horrible health conditions). Each prize is worth roughly $5,000. Scholarship recipients must be enrolled full-time at their designated university. Scholarship monies may be lost if you do not continue full-time attendance or transition from a four-year university to a local college. Graduate students who receive scholarships don’t have to be enrolled full-time. Scholarship winners who are forced to leave school due to health concerns may seek a one-time renewal of their scholarship up to one academic year. Recipients who stay longer than this will lose their scholarship, although they can reapply when they are ready to return to college.
Provided By: Cancer for College
Amount: 3000 USD
Deadline: Varies
Education: Undergraduate
Apply Now
8. Grasshopper Entrepreneur Scholarship
Since 2003, Grasshopper, established by two entrepreneurs, has made it much easier to build and operate a small company. It began with simply two men and a dream and has since helped over 300,000 enterprises. The winners of the Grasshopper scholarship will get $5,000. The applicant must be registered in a US college or trade school and have a present GPA of at least 3.0. The essay subjects change each year, but they all revolve around a current or prospective company strategy. The due is August 30th. Basically, if you’re a current student with a company idea, this could be a great place to start.
Provided By: Grasshopper
Amount: 5000 USD
Deadline: August 30th
Education: Undergraduate
Apply Now
9. Greenpal Scholarship
The GreenPal Small Company Scholarship is designed to help a driven, ambitious student who aspires to be a potential business leader. The program thinks that the current generation of students will be tomorrow’s entrepreneurs.
You are permitted to join if you already run a company while in university or have a small company concept to start while being in college. Each year in December, the winner is announced. The requirement for this scholarship, however, is a little greater than most.
Provided By: Greenpal
Amount: 2000 USD
Deadline: November 15th
Education: Undergraduate
Apply Now
10. Catherine Reynolds Foundation Scholarship
This is only for New York University students who are business owners. Every year, the Catherine B. Reynolds Foundation accolades over 40 undergraduate bursaries totaling $20,000 in tuition reimbursement to exceptional social entrepreneurship classmates who have developed or are seeking to build an interesting concept that will address a societal problem in the long-term sustainable manner. Applicants must be full-time students at NYU, in their sophomore year, with a minimum overall GPA of 3.5, and interested in participating in a summer internship with other social entrepreneurs after their junior year. All students must submit a current CV, official transcript, biographical sketch, and 500-word essay outlining how they aim to bring their social entrepreneurship ideas to reality in order to be considered.
Provided By: Catherine Reynolds Foundation
Amount: 20,000 USD
Deadline: Varies
Education: Undergraduate
Apply Now
